Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
Brian Dudash
4-plex vs SFH Analysis - Need opinions
I'm in the process of looking at a SFH
and a 4-plex. While running my numbers in my spreadsheet plus the BP
calculators, I'm getting mixed results. Just note that this would be my
first rental (w/ hopefully many...
Kenneth LaVoie
I'm new, I'm ready
good day
This message is sort of a hybrid "introduce / newbie" question so I hope I've put it in the correct place. I'm 43, I've been dreaming about investing in real estate for years, but with a recent in...
Igor Nastaskin
Help me analyse a deal
Hi, my first time posting here, just wanted to get feedback on a deal I am currently interested in. It is a small retail storefront property, 1800 sq feet being sold for $490,000, net income $30,000/yr with cap rat...
Chad Carrodus
Financial planning for unmarried DINK real estate agents?
Assuming an unmarried couple who lives together, shares nearly all expenses, and both work as real estate agents who each make apx. $150K/yr but would also like to start in REI, would it be advisable to start an LLC w...
Javier Santana
Real Estate Brokers, need opinions
Hey guys,Real estate brokers, how do you guys handle commission payouts for your agents?
Lori E Higgins
Paying with an LLC for personal truck
I have a personal truck I use for my rental properties sometimes. I will reimburse myself with the rental property account, which is an LLC, for gas when I use it. But is it ok for the LLC to pay for the loan paymen...
Ken Lee
Limit on 30-year mortgages
Hi, I heard there is a limit of 30-year residential mortgages an investor can have. Is this true? I ask because I am trying to calculate what my portfolio will look like in 10 years and I didn’t factor in this limit...
Cole Nardi
From 1 to 4 Doors- banking questions
I have 1 condo that has been rented for 5+ years. I am now scaling up and moving out of my SFH (will rent this) into a house hacked duplex by the end of the month. I had a few questions now that I am starting to scale...
Mike Landry
Live in flip tax basis?
Quick question for the tax gurus. If you live in a house and sell it 1 year and 6 months later for $50,000 more than you paid for it (no rehab), you have to pay short term capital gains on the profit. Does your int...